Making dollars & sense from Transparency in Coverage MRFs — Copy

In effort to increase healthcare transparency and empower consumers to make informed decisions, the Transparency in Coverage (TiC) rule was finalized in 2020 by the Depts of Health & Human Services, Labor, and the Treasury, requiring health plans to disclose negotiated prices for medical services, releasing Machine Readable Files (MRFs) for payments by procedure and provider beginning 7/1/22.